This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El presidente de Philips Ibérica presenta las perspectivas de la compañía para 2012
The president of Philips Iberian presents the perspectives of the company for 2012
21/02/2012
21 February 2012
For Ignacio Ayerdi, the president of Philips Iberian , the investment in new technologies, far to be a problem for the aims of the public servicys, is part of the solution to the exigencias of efficiency, quality and competitiveness that these face. Like this it concluded in a meeting with the media, in which it presented the perspectives of the company of face to 2012, the strategies of generation of efficiency and of growths, as well as the bet decided by Spain. Philips Iberian kept in 2011 his level of sales with moderate falls in the three sectors in all they inferior to 10%, and reaching his aims of profitability, “compensating the fall in the top line with improvements in the margins and efficiencies in the section of expenses”. Besides, it signalled Ayerdi, “although we have suffered the impact of the persistent falls in the consumption and the construction and the frenazo in the public investment, our quota of market follows stable or growing and have reasons to think that 2012, although it is a complex year, can present numerous opportunities for our three sectors of business”.
